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Poster: ducats Date: Jan 21, 2009 6:12am
Forum: GratefulDead Subject: Re: Non-Dead - Sign o' The Times

our debt is 10.5 trillion - the one thing the morons in dc can do is count

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Poster: Mandojammer Date: Jan 21, 2009 9:36am
Forum: GratefulDead Subject: Re: Non-Dead - Sign o' The Times

ducats -

$10.5T is just the Federal non-obligated piece (actually closer to 11.4 with the Bailouts-r-us packages)

The obligated piece includes Social Security and Medicaire. That pushes it up to $53T.

Or to put things in perspective:

That's like you and I having a $50K income...........with $1.2 million in secured debts.

Our government is insolvent and they don't even know it.

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Poster: kochman Date: Jan 21, 2009 12:45pm
Forum: GratefulDead Subject: Re: Non-Dead - Sign o' The Times

Yes Mandojammer... good call.
In other words... If you know about that, you probably know some other good stuff to know about gold, debt, etc.

God told me he was pretty sure I would be ok, but the rest of you fellas are fucked.

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Poster: ducats Date: Jan 21, 2009 12:21pm
Forum: GratefulDead Subject: Re: Non-Dead - Sign o' The Times

they will just swipe the pen and change the "obligated" to "non-obligated"

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